Bitcoin approaches its $69k all-time excessive worth: Do you have to begin shopping for BTC-related tasks?

Key takeaways

Bitcoin eyes its all-time excessive worth of $69k

The crypto market was bullish this week, including 20% to its worth within the final seven days because it raced to the $64k degree. Because of this week’s rally, BTC is now closing in on its all-time excessive worth of $6k

At press time, the worth of Bitcoin stands at $61,911, down by 1% within the final 24 hours. If BTC continues its rally, it may set a brand new all-time excessive worth within the coming days or perhaps weeks. 

The world’s main cryptocurrency by market cap can be eyeing the subsequent resistance degree at $65k if the bulls stay in management. 

What’s Bitcoin Canine?

Bitcoin Canine might be one of many greatest beneficiaries as BTC continues to rally in the direction of its all-time excessive worth. It’s a distinctive challenge that’s launching on the Bitcoin blockchain. 

Bitcoin Canine will leverage the Bitcoin blockchain’s energy to offer utility to its customers. It’s the first BRC-20 token ICO on the Bitcoin community.

The event staff imagine that Bitcoin Canine will supply buyers an thrilling worth proposition by combining the fundamental options of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 tradition. 

Bitcoin Canine’s ICO is in full swing and comes barely just a few weeks after the launch of spot Bitcoin ETFs within the US. The spot Bitcoin ETFs launched by BlackRock, Constancy, and others are raking in document numbers and this has helped BTC to rally by greater than 20% within the final seven days. 

Along with that, the Bitcoin halving occasion is lower than 50 days away and will result in one other huge rally by BTC. All these contribute to the particular nature of Bitcoin Canine’ ICO out there. 

Bitcoin Canine is setting a brand new development by introducing its $0DOG token as BRC-20. With the appropriate degree of adoption, Bitcoin Canine may set the development that might permit the Bitcoin blockchain to compete with Ethereum and BNBChain by way of ICOs. 

Bitcoin Canine presale surpasses $6 million

The Bitcoin Canine presale is lower than a month outdated and has already raised greater than $5 million. Thus, indicating rising curiosity amongst buyers for this challenge and its token. 

The staff will solely mint 900 million $0DOG tokens. Along with that, buyers could be granted entry to an unique NFT assortment and an immersive gaming ecosystem harking back to common titles like Axie Infinity and Tamagotchi.

The staff revealed that the presale will solely run for a month and is about to shut in 12 days. To this point, the challenge has raised greater than $6.3 million in lower than three weeks. 

Whereas the tokens can be minted on BRC-20, buyers will purchase the tokens on ERC-20. They’ll present a BTC pockets tackle and obtain $0DOG tokens after paying with ERC-20 tokens. Buyers will pay for the $0DOG token utilizing ETH, USDT and USDC stablecoins.

Click on right here to study extra concerning the Bitcoin Canine presale.

Do you have to spend money on the Bitcoin Canine challenge earlier than the presale ends?

The Bitcoin Canine presale is about to finish in 12 days, with the token’s worth steadily rising all through this ICO. Presently, $0DOG goes for $0.0281 however will enhance to $0.0312 within the subsequent presale stage. 

The cryptocurrency market has been bullish because the begin of the 12 months and buyers are already on the lookout for new and thrilling tasks. With the appropriate degree of adoption, Bitcoin Canine might be one of many tasks attracting curiosity.